Bitcoin sets another record above $113,000
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Dogecoin (CRYPTO: DOGE), the original memecoin, is surging Friday afternoon, capturing significant gains as a wave of speculative enthusiasm washes over the crypto market for the session.
With a global footprint in Canada, Sweden, and Paraguay, HIVE Digital Technologies (Nasdaq: HIVE) is one of the world's most prominent Bitcoin mining firms. On July 7, the miner announced that it has recorded a rise of 18% in monthly Bitcoin production in June.
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Cryptopolitan on MSNBitcoin touches $120,000 for the first time ever, dips back to $118KBitcoin just hit $120,000 for the first time ever early Friday, before sliding slightly to around $117,297.10 by the afternoon.
The price of cryptocurrency XRP is up over 13% today after Ripple CEO Brad Garlinghouse made an appearance at a Washington event.
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As with precious metals, substantial capital investment is required to mine the unexploited supply. But unlike in metals, with Bitcoin, there can be no fresh discovery that will boost output. That makes its supply even more reliably constrained than gold over the very long run.
Bitcoin is flying again, setting a fresh record above $112,000 after President Trump urged the Fed to again lower interest rates.
Research head of research Markus Thielen points out three factors that may push Bitcoin’s price to new highs by the end of July.
Bitcoin broke through its previous day’s record as investors continued piling into risk assets and liquidated short positions.
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Cryptopolitan on MSNBitcoin (BTC) Eyes 30% Rally as Whales Load Up, But Mutuum Finance (MUTM) Is Gaining Stronger Momentum This JulyAs Bitcoin (BTC) sparks fresh interest with a potential 30% rally fueled by whale accumulation, a quieter but more better coin is emerging in the crypto market this July, Mutuum Finance (MUTM). The token is now in presale,